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Gap up along yesterday's high, so not sure if the gap will be filled or not.
Global ES looks like a Symmetrical Triangle breakout, target Galaxy far far away (as we cannot see on chart ).
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Just a humble thank you to YOU and ALL other for all of your efforts and contributions. Mostly lurk, but here almost everyday learning from you and the others. Now back to the closet
THE TOP IS IN: HOW A COUNTRY WITH A POPULATION OF 1 MILLION TOOK DOWN THE GLOBAL ECONOMY!!!!
Let's get realistic folks and recognize the media has to hype up any story with the VIX sub 20, which it will largely stay for years to come, typical vol cycles that I've already discussed.
Just a reminder: FOMC at 2PM ET today not the usual 2:15PM ET. Conference at 2:30PM ET.
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gasprice wrote:THE TOP IS IN: HOW A COUNTRY WITH A POPULATION OF 1 MILLION TOOK DOWN THE GLOBAL ECONOMY!!!!
Let's get realistic folks and recognize the media has to hype up any story with the VIX sub 20, which it will largely stay for years to come, typical vol cycles that I've already discussed.
I wouldn't underestimate how a very small but highly leveraged system could impact other similar but much larger systems. not saying Armageddon is imminent but there is real risk.
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Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.